Identify whether each following situation is exploratory study, descriptive study, explanatory study (hypotheses testing).justify your answer.

a) A CEO may be interested in having a description of organizations in her industry that follow the LIFO system. In this case, the report might include the age of the organization, their locations, their production levels, assets, sales, inventory levels, suppliers and profits. Such information might allow comparison later of the performance levels of specific types of companies